slide 1: How this Blockchain does powered Crowd Funding Script work - Cryptosoft
India
First let’s start with how normal Crowd Funding sites like Kickstarter Works:
In a Nutshell Crowd Funding sites are Marketplaces that connect Innovative
Entrepreneurs with Investors of all kinds here investors are not just the
Professional investors. Any common man is an investor .
It all starts when an Entrepreneur comes up with a Brilliant idea of a project
but does not have the money to kick start it. He goes to Crowd Funding sites
like indigogo etc. and posts all the information about his idea. He also
mentions how much of funding he would require to get his project completed.
The twist here is instead of giving equity to each person who funds… he
promises to give each one a piece of his finished product.
Normal people like You and me browse through each project and fund the
ones we like. Why Because we get one of the finished products which would
cost higher once its for sale and also gives us a good feel that we have helped
someone achieve his goal.
Now getting back to how our Cryptocurrency powered Crowd Funding Script
works: Everything works in the same manner like how a normal Crowd Funding
platform works but just for how the funding is done. When an investor has
decided to fund a project instead of directly paying money He first purchases
equivalent amount of your ICO Tokens. Then he Transfers those tokens to the
project he wants to fund all this happens seamlessly in a fraction of a second
. Next the Entrepreneurs who received the Tokens can either hold the tokens
or liquidate them to convert them to Fiat Money. They will obviously do the
later. Once they raise a request to convert either you can buy them back and
give money to the Entrepreneurs -or- sell it to
other investors who want to purchase tokens to funding other projects.
slide 2: Remember : Each time a transaction happens ie. Tokens get transferred from
one person to other a Smart Contract is getting executed. And each time your
Smart Contract gets executed Certain amount of ETH needs to be paid for
Gas. And all this ETH gets transferred to your Wallet.
And what else Happens
Your ICO Tokens are being bought by people for real money ie. your
Tokens are getting real money value and popularity. Not only are people
paying Money and buying your tokens but they are transferring it to
others and they are Selling it and others are again buying it. Which
means your ICO Tokens are being transacted actively like any other
mainstream cryptocurrency.
You are the owner of the tokens. So you are holding a huge asset. Say
for example you have created 500 Million Tokens and each token is
valued at 1. People have started buying your tokens to fund projects. It
means that the remaining tokens you are holding have gained the
respective real money value You are suddenly sitting on a gold mine
Since Real People are buying and transacting your Tokens for real money
You can list the remaining Tokens in other Exchanges and MarketCap
slide 3: sites like coinmarketcap etc. Traders will start seeing a real business
model behind your tokens and start buying your tokens.
How do you Make Money using this Blockchain powered Crowd Funding
Software
For better understanding: We recommend you to first read the details in the
above para and then read these money making points:
Every time a transaction happens your Smart Contract gets executed.
Every time your Smart Contract gets executed the gas fee is collected
from the person initiating the transaction. This Fee is paid to your wallet
as ETHER.
For promoting a listing to be a ‘Featured listing’ you can collect money
from listing owners.
For each amount of funding received you can collect a percentage of
the fee as the platform fee.
Top 4 Reasons to buy this Blockchain powered Crowd Funding Script:
Crowd Funding on the internet is a trend. People just love spending on
Crowd Funding platforms as they get the product for a lower cost and
also feel thrilled helping someone to achieve something. The Crowd
Funding space worldwide is still very much under served for various
micro niches. Using this Crown funding software you can start a niche
platform instantly.
Both Cryptocurrency and Crowd Funding are all about the masses. Both
these trends fit perfectly within each other. This turn-key Crowdfunding
software is powered by the use of Cryptocurrency in the most perfect
blend.
This can be the most ingenious strategy to also make your ICO a hit. By
making your tokens as the base currency in the platform you are
seamlessly selling and distributing your tokens to the masses. Your token
gains traction and value aggressivly.
This concept is Viral in nature. The entrepreneurs who have listed their
projects will for sure share the listing and ask their friends to share. Thus
doing free marketing for your platform. On the other hand the investors
slide 4: who fund projects will also feel proud to announce their interest and
make others to co-invest in projects
Thanks for reading our Content. To know more about our Services kindly Visit
our Website:
Crypto Soft India
www.cryptosoftindia.com
1/124 DLF IT Park Rd Ramapuram Chennai - 600116
Phone - +91 6385108373.